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Truck deliveries January-October 2006

Total deliveries of trucks from the Volvo Group’s three truck companies increased 3% through October this year, compared with the year-earlier period.
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Deliveries from Mack rose 3%, while deliveries from Renault Trucks were up 9%. Deliveries from Volvo Trucks were in line with the year-earlier period.

Total deliveries by market for the Volvo Group’s truck companies (Mack, Renault Trucks and Volvo Trucks):

Delivered Units

Year-to-Date

Change

Volvo Group

2006

2005

 

Europe

94 092

82 818

14%

    Western Europe

80 492

73 121

10%

    Eastern Europe

13 600

9 697

40%

North America

59 656

54 140

10%

South America

9 646

9 474

2%

Asia

9 412

21 324

-56%

    Middle East

6 021

18 236

-67%

    Other Asia

3 391

3 088

10%

Other markets

8 162

7 126

15%

Total Volvo Group

180 968

174 882

3%

Mack
Deliveries from Mack through October totalled 31,119 units, up 3% from the corresponding period a year ago. The delivery situation continues to reflect the historical high demand for trucks ahead of the US'07 emission regulations coming in January 2007.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Mack

2006

2005

 

Europe

 

1

 

    Western Europe

 

1

 

    Eastern Europe

 

 

 

North America

27 715

27 056

2%

South America

2 222

1 977

12%

Asia

75

121

-38%

    Middle East

73

119

-39%

    Other Asia

2

2

 

Other markets

1 107

1 016

9%

Total Mack

31 119

30 171

3%

Renault Trucks
Deliveries through October totalled 64,512 trucks, a rise of 9% compared with the year-earlier period. The Renault Premium had the biggest gain with an increase of 31%. Deliveries increased by 13% in Europe, where Eastern Europe posted a strong development and rose 38%. Outside Europe, most markets are developing well.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Renault Trucks

2006

2005

 

Europe

55 020

48 564

13%

    Western Europe

49 195

44 348

11%

    Eastern Europe

5 825

4 216

38%

North America

718

382

88%

South America

1 036

816

27%

Asia

3 495

6 183

-43%

    Middle East

3 119

5 914

-47%

    Other Asia

376

269

40%

Other markets

4 243

3 400

25%

Total Renault Trucks

64 512

59 345

9%

Volvo Trucks
Volvo Trucks’ deliveries during the period January-October amounted to 85,337 vehicles, in line compared with the year-earlier period. Europe continues to show a favorable growth, especially in Eastern Europe where deliveries rose 42%. Strong growth in Eastern Europe combined with Volvo Trucks new competitive product program has contributed to the increased deliveries. Deliveries on the North American market rose 17% to 31,223 vehicles. The strong demand is mostly related to the pre-buy effect pending the forthcoming emission regulations in January 2007. Accordingly, demand is expected to decline significantly during the first half of 2007.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Volvo Trucks

2006

2005

 

Europe

39 072

34 253

14%

    Western Europe

31 297

28 772

9%

    Eastern Europe

7 775

5 481

42%

North America

31 223

26 702

17%

South America

6 388

6 681

-4%

Asia

5 842

15 020

-61%

    Middle East

2 829

12 203

-77%

    Other Asia

3 013

2 817

7%

Other markets

2 812

2 710

4%

Total Volvo Trucks

85 337

85 366

0%

November 21, 2006

For further information, please contact:

Media Relations:
Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59
Bob Martin, Mack, +1 (610) 709-2670
Claes Claeson, Volvo Trucks, +46 31-66 39 08

Investor Relations:
Joakim Wahlström, AB Volvo, +46 31 66 11 91
Christer Johansson, AB Volvo, +46 31 66 13 34